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Rio Tinto Approves $463M Investment in Richards Bay Mining Operation, South Africa
April 11, 2019
Global mining firm Rio Tinto has approved $463 million investment to expand the Richards Bay Mining (RBM) operation in South Africa. The move marks the next stage in the development of the mineral sands producer RBM in South Africa’s KwaZulu-Natal
Salt Lake Potash Signs Access Agreement for Lake Way Project, Western Australia
April 11, 2019
Salt Lake Potash Ltd has entered into a binding split commodity and access agreement with Blackham Resources Ltd in relation to the development of the Lake Way Project. BACKGROUND Lake Way Project is a high-grade salt-lake brine sulphate of potash
Copper Producers Gather in Chile, Electric Cars Demand Growth
April 11, 2019
Global copper producers are converging in Chile this week as tightening supply buoys prices, even as the industry grapples with declining ore quality, project delays and worries the U.S-China trade war may hit long-term demand. Despite these challenges, the industry
Ivanhoe and DRC’s President Reaffirm Joint Commitment to Support Development of Mineral Potential
April 10, 2019
Robert Friedland and Yufeng “Miles” Sun, co-chairmen of Ivanhoe Mines were honored by the warm welcome they received from President Félix Tshisekediof the Democratic Republic of Congo (DRC) during his official state visit to Washington, D.C. last week. Friedland and
Sedgman Secures $111 Million Coal Contract at Byerwen Coal Mine, Queensland
April 10, 2019
CIMIC Group’s mineral processing company Sedgman, has been awarded a contract at the Byerwen Coal Mine in Central Queensland. The contract continues CIMIC Group’s long standing relationship with QCoal Group. The engineering, procurement and construction (EPC) contract will deliver an
Kalahari Metals Secures EMP Approval for Ngami Copper Project, Botswana
April 9, 2019
Kalahari Metals has secured approval for the environmental management plan (EMP) from the Botswana Department of Environmental Affairs (DEA) for its Ngami Copper Project (NCP) in Botswana. The EMP, subject to a four-week public review period, allows Kalahari Metals to
Antofagasta Completes $1.3 Billion Financing for Los Pelambres Copper Mine Expansion, Chile
April 9, 2019
Antofagasta said that its subsidiary Antofagasta Minerals has completed 100 percent financing of the $1.3 billion expansion of the Los Pelambres copper mine in Chile. Expansion of the Los Pelambres copper mine is being taken up to draw 60,000 tons
Fortescue Approves $2.6 Billion Expansion of Iron Bridge Project, Australia
April 9, 2019
Fortescue Metals Group’s (FMG) subsidiary FMG Magnetite and its joint venture (JV) partner Formosa Steel IB decided to move ahead with the $2.6 billion second stage development of the Iron Bridge Magnetite Project in Australia. Located 145km south of Port
Horizonte Minerals Awarded Construction License for Araguaia Ferronickel Project, Brazil
April 5, 2019
Horizonte Minerals, the nickel development company focused in Brazil, has been awarded the construction license for the development of its 100 percent owned Araguaia Ferronickel Project in Brazil. The award of the construction license was granted by SEMAS, the Brazilian
DRC and Barrick Renew Mutual Commitment to Developing Country’s Great Potential
April 5, 2019
Democratic Republic of Congo’s newly elected president Felix Tshisekedi and Barrick Gold Corporation’s Executive Chairman John Thornton confirmed their partnership to develop the country’s gold mining industry in a meeting during the president’s state visit to the United States. Barrick
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